Land/Development - Tenanted Investment - Solid Provincial Opportunity

Commercial Property for Sale Description

Tenanted Investment for Sale Coromandel 9 Ngati Maru Highway

9 Ngati Maru Highway, KopuRD1 KopuRD1 is a subsidiary of Fonterra and supplies directly to NZ primary producers in the rural and lifestyle sectors. Seldom does the opportunity arise to purchase such a standout investment property with strong tenant profile and backing, returning $136,742 (net) p.a. with built in rental growth. As part of a rebrand from RD1 to Farm Source the building will undergo a repaint and internal works at the tenants cost prior to settlement.Kopu is a high exposure location, approximately 6 kms from Thames is the central service hub of the Hauraki Plains and the Coromandel Peninsula, also offering ease of access to Auckland and greater Waikato regions.- New 8 year lease commencing 24 July 2015- Tenant is a wholly owned subsidiary of Fonterra

- 3,568m of freehold land in high profile location- Located at the gateway to the Coromandel Peninsula- IEP report completed and available upon requestProperty Details Land Area 3,568m (freehold) Building Area 940m (more or less) Tenancy Details Name of Tenant RD1 Limited Term of Lease 8 years Commencement Date 24 July 2015 Net Rental $136,742 + GST & OPEX

AUCTION:2 July 2015 at 11amBayleys HamiltonCorner Victoria and London StreetsHamiltonCall agent for more details.